JPM trade ideas
Chase ideaBanks seem extremely good value right now
Like many Aerospace and bank stocks we seem to be wedging for a breakout on election day.
Obviously depending on the results many Aerospace could go either direction but.....
I see either direction of the the election win being good for banks
==THE FALL OF JP MORGAN CHASE==HERE I PRESENT YOU MY ANALYSIS OF THE JP MORGAN CHASE AND BY THE LOOKS OF THINGS IT DOESNT SEEM TO VOLATILE TO BREAK THROUGH THE MARKET RESISTANCE AND IT IS MORE LIKELY TO BE FACING A MARKET TOP MEANING ITS MORE BEARISH FROM MY EYES
JPM---Back to 104 at a "BEAR" MinimumIt does not matter how you look at it; even if you believe it won't break-out from the neck-line--which also happens to be the breakout point from triangle that has been forming for months--even if you don't buy that, at a bear minimum the right shoulder formation will complete and it's back to 104 in a lick.
In my opinion, this is about as clear cut as it gets for a pullback of this kind....Big money geared up to buy into value. GOOD LUCK!
JPM 11-02-2020JPM is in a gap up after three days balance, eventhough, Friday´s structure is poor, for that reason if we have an opening drive go with the trend above 98,42 and the odds to fill the gap (99,16) are huge , if we get in previous range again at the open i am expecting 96,23 will be repaired
JPmorgan chase path and directionHello everyone
This is my Jpmorgan idea for Weekly time frame
watch key notes for more detail on chart
for any question feel free to ask :) good luck
JPM - Elliottwave analysis - Bear caseJPM - It is in complex WXY correction, where last drop was wave A of Y of (Y) wave down. It started B wave correction up, which might end near 100 level and thenafter expected to reverse down in C of Y wave down, which might go below 91 level.
Give thumbs up if you really like the trade idea.
JPM TAJPM is trading in a channel currently. It’s also broke out from a recent “bull flag” within the channel. It’s currently sitting in a major resistance zone which is also signaled by the pivot points. Due to all of this, I believe we will see a bullish push on the continuation
JPM Intraday trade idea 10-23-20JPM is breaking a 3 days balance to the upside for that reason we are looking the pullback low (102,59) to take longs, the other place to take longs is 101,78
$JPM JP Morgan Long Above 200MA
Clear market rotation is taking place from growth to value.
European banks are surging today so lets see can its American counterparts
continue higher Friday.
JMP sits just below the 200ma, a break above could bring a nice rally.
$105 is a critical pivot level to break, opening up a rally to $115
JPM - SUPPORT / RESISTANCE - BUY OR SELL 10/20 AM?JPM has formed solid support and resistance within the same levels as experienced in late August through mid-September. As the chart states, if the price breaks below the 99.70 support line then it is likely the price will retrace to former, lower support. If the price stays above the line then its possible that it will retest 102.60.
Or nothing could happen...
JPM posting better than expected earnings$JPM 's better than expected earnings failed to push for a positive outlook, with the PEAD cone projecting a neutral outlook with price currently trading closer to the lower boundaries.
The chart doesn't lie, Bullish Flag breakout for JPM? JPM is noticeably breaking the downward blue sloping resistance of a possible bullish flag, notice on the RSI we have already seen a breakout of the pattern and a re-test of old resistance turning into new support, very bullish.
Not a big fan of JP Morgan, only for bashing Bitcoin, other than that, they have the FED in their back pocket, DON'T FIGHT THE FED, FFS!
Or, did the FED bypass banks with a digital USD?
Time will tell, but the chart is bullish, stonks only go up!
JPMorgan: Good report, indicators say the opposite.Despite the excellent earnings report released yesterday that showed the company hit the forecasts, our indicators, based on technical analysis only tell us that the stock in its the way down.
According to the MACD, we should see a sharp drop by the end of the week also, the RSI doesn't say differently.
The bottom line is the same: For the long run JPMorgan is certainly a-must stock in every portfolio but, it can be a bad entry point.
Trade safe
jpmjp reported and more is coming and we got closer to regain some traction here hopefully. but if you look at $FAS and $XLF (ETF's) which is a good indicators to watch these individual along with the etf. Inside here will it dump and gain momentum or retake the june's high
JPM Pennant Pattern$JPM returned from its descending resistance. Resistance should be confirmed in following weeks. Overall perspective reflects a pennant pattern. If it breaks ascending support line, next target can be 35.5. Next support test can be in a month.
